United Kingdom - Yarn Of Wool - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingWoolen Yarn Price in UK Plummets to $11 per kg After Two Consecutive Months of Contraction
United Kingdom Woolen Yarn Import Price in July 2022
In July 2022, the woolen yarn price amounted to $11.0 per kg (CIF, United Kingdom), which is down by -11.5% against the previous month. Over the period under review, the import price continues to indicate a noticeable setback. The pace of growth appeared the most rapid in May 2022 an increase of 5% m-o-m. The import price peaked at $13.4 per kg in January 2022; however, from February 2022 to July 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In July 2022, the country with the highest price was Italy ($14.3 per kg), while the price for Portugal ($4.7 per kg) was amongst the lowest.
From January 2022 to July 2022, the most notable rate of growth in terms of prices was attained by France (+6.3%), while the prices for the other major suppliers experienced mixed trend patterns.
United Kingdom Woolen Yarn Import Prices by Type
Prices varied noticeably by the product type; the product with the highest price was yarn of fine animal hair (carded or combed), not put up for retail sale ($118 per kg), while the price for yarn of carded wool, not put up for retail sale ($6,752 per ton) was amongst the lowest.
From January 2022 to July 2022, the most notable rate of growth in terms of prices was attained by yarn of fine animal hair (carded or combed), not put up for retail sale (+6.9%), while the prices for the other products experienced more modest paces of growth.
United Kingdom Woolen Yarn Imports
In July 2022, woolen yarn imports into the UK totaled 1.5K tons, picking up by 11% against June 2022 figures. Overall, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in March 2022 with an increase of 19% m-o-m. As a result, imports reached the peak of 1.6K tons. From April 2022 to July 2022, the growth of imports remained at a lower figure.
In value terms, woolen yarn imports fell slightly to $16M (IndexBox estimates) in July 2022. Over the period under review, imports, however, showed a perceptible contraction. The pace of growth appeared the most rapid in May 2022 when imports increased by 25% m-o-m. Imports peaked at 21K tons in March 2022; however, from April 2022 to July 2022, imports remained at a lower figure.
United Kingdom Woolen Yarn Imports by Type
In July 2022, yarn of carded wool, not put up for retail sale (1.1K tons) constituted the largest type of woolen yarn supplied to the UK, accounting for a 76% share of total imports. Moreover, yarn of carded wool, not put up for retail sale exceeded the figures recorded for the second-largest type, yarn of combed wool, not put up for retail sale (297 tons), fourfold. Yarn of wool or of fine animal hair, put up for retail sale (36 tons) ranked third in terms of total imports with a 2.5% share.
From January 2022 to July 2022, the average monthly growth rate of the volume of import of yarn of carded wool, not put up for retail sale totaled +3.4%. With regard to the other supplied products, the following average monthly rates of growth were recorded: yarn of combed wool, not put up for retail sale (-7.4% per month) and yarn of wool or of fine animal hair, put up for retail sale (-11.7% per month).
In value terms, the most traded types of yarn of wool in the UK were yarn of carded wool, not put up for retail sale ($7.4M), yarn of combed wool, not put up for retail sale ($5M) and yarn of fine animal hair (carded or combed), not put up for retail sale ($2.5M), together comprising 93% of total imports.
United Kingdom Woolen Yarn Imports by Country
Italy (457 tons), Lithuania (274 tons) and India (198 tons) were the main suppliers of woolen yarn imports to the UK, together comprising 64% of total imports.
From January 2022 to July 2022, the biggest increases were in Italy (with a CAGR of +11.3%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, Italy ($6.5M) constituted the largest supplier of woolen yarn to the UK, comprising 41% of total imports. The second position in the ranking was held by India ($2.2M), with a 14% share of total imports. It was followed by Lithuania, with a 9.9% share.
From January 2022 to July 2022, the average monthly rate of growth in terms of value from Italy was relatively modest. The remaining supplying countries recorded the following average monthly rates of imports growth: India (+1.6% per month) and Lithuania (-3.3% per month).
This report provides an in-depth analysis of the woolen yarn market in the UK. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 13105010 - Yarn of carded wool or fine animal hair, n.p.r.s.
- Prodcom 13105030 - Yarn of combed wool or fine animal hair, n.p.r.s.
- Prodcom 13105050 - Yarn of wool or fine animal hair, p.r.s.
Country coverage:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
